Tag: Prince Alwaleed bin Talal

Saudi authorities announced on Tuesday that all detainees held at the Riyadh Ritz-Carlton in the anti-corruption crackdown have been released. Some detainees charged with more serious crimes have been moved to regular prison facilities.

Prince Alwaleed bin Talal, perhaps the highest-profile member of the Saudi royal family to be detained during Crown Prince Mohammed bin Salman’s anti-corruption crackdown, has finally been released from detention after reaching an unspecified financial settlement with the Saudi government.

Two months after a sweeping series of arrests and temporary detentions made in connection with Saudi Crown Prince Mohammed bin Salman’s corruption probe, the fate of perhaps the biggest fish caught in the net remains uncertain: Prince Alwaleed bin Talal, one of the most wealthy, famous, and well-connected men in the world.

A statement from Saudi Arabia’s public prosecutor on Tuesday indicated that most of the suspects swept up in the recent anti-corruption crackdown will be released after reaching settlements with the government, although a sizable number remain in detention, and some of those will be prosecuted for their offenses.

Saudi Arabia has arrested dozens of princes, senior military officers, businessmen and top officials, including a well-known royal billionaire with extensive holdings in Western companies, as part of a sweeping purported anti-corruption probe that further cements control in the hands of its young crown prince.